In life you have assets and debt. Assets bring in money and debt takes away money. In your scenario, you would only have debt. Your money would decrease at a substantial rate and then become accelerated with inflation. In that scenario you would have way to much money not to have the basic assets to live off of.
With that kind of money, you could easily get a return of 2%. You could make $200,000 just off interest without blanking an eye with that kind of money. You could get a few Chick fil a’s for example. Also, assets are easy to obtain with that kind of money.
Investing money does not mean “high risk”. 2 to 4% return is easy to get with that kind of money with extremely low risk.
Lot of assuming and then fell into the trap of trying to FLIP to make more money
I know when you typed this you thought you were schooling me but you're mistaken sir
To start I have 293m after taxes
You're assuming I'm going to buy 80m in property and then owe the bills on that plus property taxes in perpetuity
WRONG
The money will collect interest. Normal interest which is a substantial amount of money based on the amount in the account
And to finish it off
You talk about owning a couple of franchises
Sir the object isn't to create more work and level up I am at the level
Why would I want to create more work for myself?
The franchises don't run themselves even if they say they do.
There's variables galore and most you cannot predict
If you are not a business owner currently or have knowledge on how to run a business don't start a business this isn't directed at you it's directed in general.
My money would not decrease at a substantial rate unless I tried to flip a few chic FIL A's cause I need to flip my money up from the 9 figures I currently have
We don't have that money right now and are doing pretty ok sir
If you had a 9 figure safety net why would you need to start playing away games?
